3.0.0 1353 2019-11-15T20:54:25Z 2019-11-15T20:54:25Z House H HR 2009-03-05 111 hsba00 Financial Services Committee House Standing Referred to 2009-03-05T15:05:42Z 2009-03-05 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-03-05 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-03-05 Introduced in House IntroReferral 1000 9 Library of Congress P000586 Rep. Putnam, Adam H. [R-FL-12] ADAM PUTNAM R FL H. 12 N M000133 Rep. Markey, Edward J. [D-MA-7] Edward Markey D MA J. 7 2009-03-05 True Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Corporate finance and management Government corporations and government-sponsored enterprises Housing finance and home ownership Licensing and registrations Securities Securities and Exchange Commission (SEC) User charges and fees Finance and Financial Sector 00 2009-03-05 Introduced in House 2009-05-13T20:10:42Z Fannie Mae and Freddie Mac Full Disclosure Act - Amends the Federal National Mortgage Association Charter Act to declare that stock, obligations, securities, participations, or other instruments issued by the Federal National Mortgage Association (Fannie Mae) shall not be exempt securities within the meaning of the laws administered by the Securities and Exchange Commission (SEC) (thus subjecting such securities to SEC regulation).

Amends the Federal Home Loan Mortgage Corporation Act to declare that any securities issued or guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac) shall not be exempt securities within the meaning of SEC-administered laws (thus subjecting such securities also to SEC regulation).

States that transactions involving the initial disposition by an approved seller of pooled certificates acquired by the seller from Fannie Mae or Freddie Mac upon the initial issuance of the pooled certificates shall be deemed to be transactions by a person other than as an issuer, underwriter, or dealer within the meaning of the laws administered by the SEC.

Defines pooled certificates as single class mortgage-backed securities guaranteed by Fannie Mae or Freddie Mac that have been issued by Fannie or Freddie directly to the approved seller in exchange for the mortgage loans underlying such mortgage-backed securities.

Amends the Securities Act of 1933 to exempt specified applicants filing a securities registration statement subject to a fee from being required to pay aggregate fees in excess of 5% of the target offsetting collection amount for the fiscal year.

States that fees paid in connection with registration statements relating to business combinations shall not be included in calculating the total fees paid by any applicant.

]]> Fannie Mae and Freddie Mac Full Disclosure Act Short Titles as Introduced Fannie Mae and Freddie Mac Full Disclosure Act Display Title Fannie Mae and Freddie Mac Full Disclosure Act Official Title as Introduced To extend the registration and reporting requirements of the Federal securities laws to certain housing-related Government-sponsored enterprises, and for other purposes. Introduced in House 2009-03-05T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr1353ih/xml/BILLS-111hr1353ih.xml 2009-03-05 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.